175 Town Dr Spartanburg, SC 29303
This exceptional 2,228 square foot office building in Spartanburg, South Carolina, presents a compelling investment opportunity. Located at 175 N Town Dr, 29303, this single-building property sits on a one-acre lot, offering significant expansion potential. Built in 1998, the building is in very good condition and boasts excellent visibility due to its direct exposure to Interstate 85, near a convenient exit. The asking price is $385,000, translating to $172.80 per square foot. Currently vacant, this versatile space is ideal for traditional office use, but could also easily accommodate service-based businesses or retail operations. The property's strategic location provides immediate access to a thriving commercial area, with nearby retail establishments, restaurants, banks, and apartments. The ample land provides the opportunity to significantly expand the existing parking lot or even construct an additional building. This property offers a rare combination of prime location, excellent condition, and significant growth potential, making it an attractive investment for discerning buyers. The property is ready for immediate occupancy and offers the flexibility to expand as needed.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.